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Breaking News & Commentary

Royal Philips, Eindhoven, Netherlands, told shareholders it plans to discuss prospects for a move to separate itself from its legacy lighting business via an initial public offering at its Annual General Meeting of Shareholders on May 7....More

Encore Wire Corp., McKinney, Texas said unit volume, measured in copper pounds contained in the wire sold, increased 2.4% and was offset by a 6.3% decrease in the average selling price per copper pound sold in the fourth quarter of 2014 versus the same period in 2013....More

EcoSense Lighting, Los Angeles, a manufacturer of LED luminaires, closed over $25 million in financing led by Richmond Global Ventures, as well as follow-on investments from Bain Capital Ventures and Flagship Ventures....More